Ten issues that concern you about obtaining Turkish citizenship
Last Updated: 2023-07-27
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Ten issues that concern you about obtaining Turkish citizenship through real estate investment
Owning a real estate worth 400 thousand US dollars is the fastest way to obtain Turkish citizenship. If you want to obtain Turkish citizenship through real estate investment, the Mersat Real Estate team has prepared this report for you on 10 issues that interest you in investing.
First:
A person who wishes to obtain Turkish citizenship by buying a property in Turkey should pay attention during the procedures followed, especially when writing his name, as the full name of this investor must be written as it is in his passport on the bank receipt. This is very important because forgetting or making a mistake in any word may be the reason for the rejection of this request.
A person who wishes to obtain Turkish citizenship by buying a property in Turkey should pay attention during the procedures followed, especially when writing his name, as the full name of this investor must be written as it is in his passport on the bank receipt. This is very important because forgetting or making a mistake in any word may be the reason for the rejection of this request.
Second:
If a person buys a property in Turkey and this property gives him the right to be exempted from paying value added tax, then the investor or the person holding a power of attorney on his behalf must obtain several documents from the tax department in Turkey. In order for the agent to be able to extract these documents on behalf of the person concerned, the power of attorney that he holds must include a text that accurately specifies the name of this document.
Third:
It is essential that the price of the property that is used to obtain Turkish citizenship meets the amount condition, and in order to prove this, the investor must obtain a real estate appraisal document, which is the ideal option to show the value of the property in Turkey.
Fourth:
It must be noted that the real estate appraisal document must be issued by a trusted body by an expert or a company specialized in this field. Also, the entity that issues this real estate appraisal document must be officially licensed by the Turkish government, otherwise it will not be of any official value and will not be recognized despite its great importance.
Fifth:
Some Turkish embassies in some foreign countries do not allow the issuance of an official power of attorney when it comes to applying for Turkish citizenship, and individuals residing in such countries must obtain an official power of attorney from the local authorities and then translate and authenticate it by the Turkish embassy.
Sixth:
When starting the necessary legal procedures and transactions in order to obtain Turkish citizenship by buying a property in Turkey, members of the investor’s family may be under the legal age, that is, under the age of eighteen, but they may reach the age of eighteen while waiting the completion of this transaction, so this must be remedied in advance and submit additional documents immediately after completing the main application.
Seventh:
It is known that the family of the investor who obtains Turkish citizenship by buying a property in Turkey thus obtains the right to obtain citizenship in turn, but if this investor has children from outside marriage, these family members are not entitled to obtain Turkish citizenship with investor.
Eighth:
During the period necessary to complete the procedures for obtaining Turkish citizenship by purchasing a property in Turkey, foreign investors submit an application for obtaining an exclusive residence permit for investors before submitting an application for citizenship. Usually, the investor’s family members are not required to obtain a residence permit. This is because it is only a temporary stage before they are officially considered Turkish citizens, but there may be some exceptional cases in which it is necessary for family members to obtain a residence permit for the investor as well.
Ninth:
The laws related to the issue of Turkish citizenship by investing in real estate in Turkey require the applicant to be an applicant for a residence permit, but the exclusive residence requests for investors do not require these investors to be within the Turkish territory and allow an official agent for them such as their lawyer to do this. However, the family members of this investor do not receive this privilege even though they have the right to obtain the investor's residence permit.
Tenth:
In the event that a foreign investor holding Syrian citizenship and enjoying temporary protection status in Turkey wishes to apply for Turkish citizenship by purchasing a property in Turkey, this Syrian person will have to leave the Turkish lands a second time and then enter it again before applying for Turkish citizenship and obtain a residence permit for the investor.
Editing by Mersat Real Estate Team ©
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